What is crowdfunding?

Crowdfunding is an emerging alternative form of financing that connects those who can give, lend or invest money directly with those who need financing for a specific project. It usually refers to public online calls to contribute finance to specific projects.

Commission actions on crowdfunding

The European Commission is exploring the possibilities and the risks of crowdfunding to identify whether European-level policy action in this field is needed. The national legal frameworks which govern crowdfunding applicable to it are also being reviewed.

At the moment the European Commission does not intend to introduce EU laws for crowdfunding. The Commission will continue to review developments in the sector, and meet twice per year with regulators and representatives of the sector.

This will allow the Commission to respond in a timely manner if closer alignment between national regulations becomes necessary, both to promote the development of the sector and to ensure appropriate protection of investors.

European Crowdfunding Stakeholders Forum

The European Crowdfunding Stakeholders Forum assists the Commission in developing policies for crowdfunding.